Given all of this, we have three goals we ought to pursue right now. One, consider collaboration free of trade economy norms. We don’t need cryptocurrency, or even basic income, as much as we need institutions of sharing and free services like transit, medical care, education, food and housing. Develop these ideas, even if they seem far-fetched right now – they won’t for long.
Humanity is set to face a rare convergence of three massive cycles of change. In this episode, Gregg Braden guides us through the evidence, which charts the simultaneous peaking of economic, human conflict and solar cycles. The rise and fall in each of these cycles holds major implications for our civilization. As all three cycles are beginning to peak, a new story about humanity emerges. For us to understand how this story will unfold, we must first take an honest look at who we really are and where we came from.
Phi Beta Iota: Weak signal, not at all confirmed, but inspirational. Humanity is writing a new narrative and President Donald Trump along with General Secretary Xi Jinping, President Vladimir Putin, and the leaders of Iran and India are all potentially able to make this happen.
Even if we don’t measure the erosion of intangible capital, the social and political consequences of this impoverishment are manifesting in all sorts of ways.
The central thesis of my new book Will You Be Richer or Poorer? is the financial “wealth” we’ve supposedly gained (or at least a few of us have gained) in the past 20 years has masked the unraveling of our intangible capital: the resilience of our economy, our social capital, i.e. our ability to find common ground and solve real-world problems, our sense that the playing field, while not entirely level, is not two-tiered, and our sense of economic security–have all been shredded.
One of the things I learned today from talks given at Lawrence Livermore Labs was that for the past seven years, each budget for nuclear weapons has increased. In particular it was true in 2015 under Obama, who increased it to over Cold War levels. The peak of Cold War spending was in 1985. Spending went down with the fall of the Soviet Union until the second Bush came into power. We’re back at Cold War levels, $9 billion per year. From 2015 till now, each year the budget has risen. It didn’t start under Trump. But right now, under Trump, we are budgeting 40% higher than in the Cold War. It is obscene, it is crazy, it is wrong.
UC Berkeley economist Clair Brown argues for an economic system based on altruism, sustainability, and a meaningful life. Because even economics is about more than money.
In Buddhist economics, happiness is defined by the concept of interconnectedness. All people, all beings, are interdependent with each other and with nature. Happiness comes from making sure people lead comfortable, dignified lives and interact with each other and nature in a meaningful, caring way.